General Mills, Inc. (NYSE: GIS) Exceeds Earnings Expectations

General Mills, Inc. (NYSE: GIS) is a leading global food company known for its wide range of products, including cereals, snacks, and meals. The company competes with other major food manufacturers like Kellogg's and Nestlé. On September 17, 2025, General Mills reported its earnings, revealing an earnings per share (EPS) of $0.86, surpassing the estimated $0.81. The company also reported a revenue of approximately $4.52 billion, slightly exceeding estimates.

General Mills has exceeded its quarterly sales estimates, driven by increased demand following strategic price cuts on select products. This approach has helped the company maintain its annual forecasts, showcasing its resilience and effective pricing strategies. Jeff Harmening, Chairman and CEO, expressed satisfaction with the returns on investments in value, innovation, and new products, which have enabled the company to grow or maintain its market share in 8 out of its top 10 U.S. categories.

The company's financial metrics provide insight into its market valuation and financial health. General Mills has a price-to-earnings (P/E) ratio of approximately 11.89, indicating how much investors are willing to pay for each dollar of earnings. Its price-to-sales ratio stands at about 1.38, reflecting the market's valuation of its sales. The enterprise value to sales ratio is around 2.15, while the enterprise value to operating cash flow ratio is approximately 14.33.

General Mills has an earnings yield of 8.41%, reflecting its earnings relative to its share price. The company's debt-to-equity ratio is about 1.66, suggesting a higher level of debt compared to equity. Additionally, the current ratio is approximately 0.67, indicating its ability to cover short-term liabilities with short-term assets. These figures highlight the company's financial structure and its ability to manage debt and liquidity.